Civic Intelligence

Mesilla Valley Economic Development Alliance

990 • Fiscal year 2018 • EIN 85-0430536

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 17, 2019

277 E AmadorLas Cruces, NM 88004

(575) 525-2852

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.13x

Higher debt load relative to assets than 56% of similar nonprofits.

2018 filings • NTEE S • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

52nd percentile

0.08x

Higher debt load relative to revenue than 52% of similar nonprofits.

2018 filings • NTEE S • $500k-$1M nonprofits • Source year 2018

Net Margin

58th percentile

7.4%

Higher net margin than 58% of similar nonprofits.

2018 filings • NTEE S • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

93rd percentile

$166,239

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 23.8% of source-year revenue.

2018 filings • NTEE S • $500k-$1M nonprofits • Source year 2018

Asset Growth

71st percentile

14%

Faster asset growth than 71% of similar nonprofits.

2018 filings • NTEE S • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

56th percentile

5.0%

Faster revenue growth than 56% of similar nonprofits.

2018 filings • NTEE S • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$416,518

Up $51,607 (+14%) from 2017

Net Assets

Up

$363,019

Up $51,866 (+17%) from 2017

Liabilities

Down

$53,499

Down $259 (-0.5%) from 2017

Revenue

Up

$699,948

Up $33,288 (+5.0%) from 2017

Expenses

Up

$648,082

Up $19,690 (+3.1%) from 2017

Net Income

Up

$51,866

Up $13,598 (+36%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2010: $324,274Liabilities 2010: $23,452Net Assets 2010: $300,8222010Assets 2011: $322,256Liabilities 2011: $26,080Net Assets 2011: $296,1762011Assets 2012: $351,832Liabilities 2012: $37,824Net Assets 2012: $314,0082012Assets 2013: $382,146Liabilities 2013: $57,706Net Assets 2013: $324,4402013Assets 2014: $359,908Liabilities 2014: $58,357Net Assets 2014: $301,5512014Assets 2015: $302,506Liabilities 2015: $66,436Net Assets 2015: $236,0702015Assets 2016: $335,776Liabilities 2016: $62,891Net Assets 2016: $272,8852016Assets 2017: $364,911Liabilities 2017: $53,758Net Assets 2017: $311,1532017Assets 2018: $416,518Liabilities 2018: $53,499Net Assets 2018: $363,0192018Assets 2019: $427,469Liabilities 2019: $111,529Net Assets 2019: $315,9402019Assets 2020: $430,506Liabilities 2020: $76,433Net Assets 2020: $354,0732020Assets 2021: $481,108Liabilities 2021: $87,842Net Assets 2021: $393,2662021Assets 2022: $623,753Liabilities 2022: $97,336Net Assets 2022: $526,4172022Assets 2023: $812,255Liabilities 2023: $218,064Net Assets 2023: $594,1912023Assets 2024: $1,176,203Liabilities 2024: $396,267Net Assets 2024: $779,9362024

Highlighted filing

2018

Assets$416,518
Liabilities$53,499
Net Assets$363,019

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $549,9062010Revenue 2011: $536,391Expenses 2011: $541,037Net Income 2011: -$4,6462011Expenses 2012: $524,5012012Expenses 2013: $548,4672013Revenue 2014: $590,105Expenses 2014: $612,994Net Income 2014: -$22,8892014Revenue 2015: $544,071Expenses 2015: $609,552Net Income 2015: -$65,4812015Revenue 2016: $685,545Expenses 2016: $648,730Net Income 2016: $36,8152016Revenue 2017: $666,660Expenses 2017: $628,392Net Income 2017: $38,2682017Revenue 2018: $699,948Expenses 2018: $648,082Net Income 2018: $51,8662018Revenue 2019: $699,653Expenses 2019: $746,732Net Income 2019: -$47,0792019Revenue 2020: $707,704Expenses 2020: $669,571Net Income 2020: $38,1332020Revenue 2021: $721,324Expenses 2021: $682,131Net Income 2021: $39,1932021Revenue 2022: $1,012,751Expenses 2022: $879,600Net Income 2022: $133,1512022Revenue 2023: $1,148,514Expenses 2023: $1,079,908Net Income 2023: $68,6062023Revenue 2024: $1,274,663Expenses 2024: $1,088,584Net Income 2024: $186,0792024

Highlighted filing

2018

Revenue$699,948
Expenses$648,082
Net Income$51,866
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 17, 2019
Return Version
2017v2.2
Gross Receipts
$699,948
Mission and Program Overview

Mission

ECONOMIC DEVELOPMENT

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$285,738$316,065▲ $30,327
Cash and Non-Interest-Bearing Accounts$22,069$51,094▲ $29,025
Accounts Receivable$49,834$45,937▼ $3,897
Land, Buildings, and Equipment, Net$4,800$2,054▼ $2,746
Prepaid Expenses and Deferred Charges$1,895$793▼ $1,102
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$364,911$416,518▲ $51,607
Other Assets Total$575$575→ $0
Liabilities
Accounts Payable and Accrued Expenses$3,932$53,499▲ $49,567
Other Liabilities$49,826--
Total Liabilities$53,758$53,499▼ $259
Net Assets / Fund Balance
Unrestricted Net Assets$311,153$363,019▲ $51,866
Total Net Assets Fund Balance$311,153$363,019▲ $51,866
Total Liabilities and Net Assets / Fund Balance$364,911$416,518▲ $51,607

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,054$56,210-
Leasehold Improvements-$7,715-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Davin LopezExecutive DirectorFT$154,897$11,342$166,239
Revenue and Support

Revenue Composition

Contributions and Grants
$672,110
Program Service Revenue
$27,511
Investment Income
$327
Other Revenue
$0
All Other Contributions
$17,462
Change in Net Assets
$51,866

Audited Revenue Reconciliation

Revenue per Audited Statements
$699,948
Revenue Not Reported on Form 990
$39,702
Total Revenue per Audited Statements
$739,650
Total Revenue per Form 990
$699,948
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$454,751
Other Expenses$193,331
Total Fundraising Expense$44,878
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$154,865$44,247$22,124$221,236
Current Officers, Directors, Trustees, and Key Employees$118,707$33,916$16,958$169,581
Advertising$39,597--$39,597
Travel$37,176--$37,176
Other Employee Benefits$28,409$7,102-$35,511
Occupancy$32,608--$32,608
Payroll Taxes$20,439$5,685$2,299$28,423
All Other Expenses$14,909$2,610$3,497$21,016
Fees for Services Accounting$9,005$2,251-$11,256
Other Expenses$7,880$2,100-$7,880
Insurance$3,830$958-$4,788
Depreciation Depletion$2,197$549-$2,746
Total Functional Expenses$501,590$101,614$44,878$648,082

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$687,784
Expenses per Audited Statements$648,082
Total Expenses per Form 990$648,082
Expenses Not Reported on Form 990$39,702
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The 990 is provided to management and the board for review prior to filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The records are available for inspection at the organization's physical address and are filed with the new mexico charitable organizations registrar.

Filing and Contact Details

Filer

Filer Name
Mesilla Valley Economic Development
EIN
85-0430536
Phone
5755252852
Address
277 E AMADOR, LAS CRUCES, NM 88004

Signing Officer

Name
Davin Lopez
Title
Executive Director
Signed
2019-01-17
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Nm
Voting Board Members
19
Independent Board Members
18
Employees
6
Volunteers
12

Preparer

Firm
Clifford Ross & Cooper Cpas LLC
Address
1155 Commerce Dr, Las Cruces, NM 88011
Preparer
Denise Cooper
Phone
5755241040
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18Executive Dir.
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0699948
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt0958
IRS990/InsuranceGrp/ProgramServicesAmt03830
IRS990/InsuranceGrp/TotalAmt04788
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0327
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0327
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt063925
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04800
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02054
IRS990/LandBldgEquipCostOrOtherBssAmt065979
IRS990/LegalDomicileStateCd0NM
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0223648
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ECONOMIC DEVELOPMENT
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0311153
IRS990/NetAssetsOrFundBalancesEOYAmt0363019
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt032608
IRS990/OccupancyGrp/TotalAmt032608
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0575
IRS990/OtherAssetsTotalGrp/EOYAmt0575
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07102
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt028409
IRS990/OtherEmployeeBenefitsGrp/TotalAmt035511
IRS990/OtherExpensesGrp/Desc0COMMUNITY RELATIONS
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc3TELEPHONE AND WEBPAGE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02196
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12100
IRS990/OtherExpensesGrp/ProgramServicesAmt014782
IRS990/OtherExpensesGrp/ProgramServicesAmt18786
IRS990/OtherExpensesGrp/ProgramServicesAmt28400
IRS990/OtherExpensesGrp/ProgramServicesAmt37880
IRS990/OtherExpensesGrp/TotalAmt014782
IRS990/OtherExpensesGrp/TotalAmt110982
IRS990/OtherExpensesGrp/TotalAmt210500
IRS990/OtherExpensesGrp/TotalAmt37880
IRS990/OtherLiabilitiesGrp/BOYAmt049826
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt022124
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt044247
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0154865
IRS990/OtherSalariesAndWagesGrp/TotalAmt0221236
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02299
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05685
IRS990/PayrollTaxesGrp/ProgramServicesAmt020439
IRS990/PayrollTaxesGrp/TotalAmt028423
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01895
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0793
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0SPONSORSHIPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt027511
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt027511
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0651456
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0199
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0183749
IRS990/PYProgramServiceRevenueAmt015005
IRS990/PYRevenuesLessExpensesAmt038268
IRS990/PYSalariesCompEmpBnftPaidAmt0444643
IRS990/PYTotalExpensesAmt0628392
IRS990/PYTotalRevenueAmt0666660
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt051866
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0285738
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0316065
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0672110

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.40$0.78$1.27$1.09$0.19
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$0.22$0.59$1.15$1.08$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.10$0.53$1.01$0.88$0.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.09$0.39$0.72$0.68$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.08$0.35$0.71$0.67$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.11$0.32$0.70$0.75$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.42$0.05$0.36$0.70$0.65$0.05
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.05$0.31$0.67$0.63$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$0.06$0.27$0.69$0.65$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.30$0.07$0.24$0.54$0.61$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.36$0.06$0.30$0.59$0.61$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.06$0.32$0.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.04$0.31$0.52
2011Summary only. Only limited summary data is available for this year.$0.32$0.03$0.30$0.54$0.54$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.02$0.30$0.55